Note Contract

							                                                                                    ‘Annexure’

Relevant amendments to the contract note executed under the Rules, Bye-Laws and
Regulations with regard to Regional Arbitration Centers. These amendments shall
prevail over the existing ones and are applicable from January 31, 2009. Only those
applicable clauses of the Contract Notes which are changed/added are mentioned
herein below, rest of the clauses in the old format are same.

                               Appendix B to Regulation 14
                       Contract Note – Form A, Form B & Form AA

The word "Subject to Mumbai Jurisdiction" as appearing at the top of the Appendix B to
Regulation 14(all the three contract note formats i.e. Form A, B & AA) shall be deleted.

                                Appendix B to Regulation 14
                            Contract Note – Form A & Form AA

3.     The Courts in Mumbai shall have exclusive jurisdiction in respect of all proceedings to
       which the Exchange is a party, and in respect of all other proceedings, the Courts having
       jurisdiction over the area in which the respective Regional Arbitration Centre is situated,
       shall have jurisdiction.

4.     In the event of any claim (whether admitted or not) difference or dispute arising between
       you and me/us out of these transactions, the matter shall be referred to arbitration in the
       concerned Regional Arbitration Center as provided in the Rules, Bye-laws and
       Regulations of the Bombay Stock Exchange Limited.

5.     This contract constitutes and shall be deemed to constitute as provided overleaf an
       agreement between you and me/us that all claims (whether admitted or not), differences
       and disputes in respect of any dealings, transactions and contracts of a date prior or
       subsequent to the date of this contract (including any question whether such dealings,
       transactions or contracts have been entered into or not) shall be submitted to the
       concerned Regional Arbitration Center and decided by arbitration in accordance with and
       as provided in the Rules, Bye-laws and Regulations of Bombay Stock Exchange Limited.

6.     Deleted.


                                 Appendix B to Regulation 14
                                  Contract Note – Form B

2.     The Courts in Mumbai shall have exclusive jurisdiction in respect of all proceedings to
       which the Exchange is a party, and in respect of all other proceedings, the Courts having
       jurisdiction over the area in which the respective Regional Arbitration Centre is situated,
       shall have jurisdiction.

3.     In the event of any claim (whether admitted or not) difference or dispute arising between
       you and me/us out of these transactions, the matter shall be referred to arbitration in the
       concerned Regional Arbitration Center as provided in the Rules, Bye-laws and
       Regulations of the Bombay Stock Exchange Limited.
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4.     This contract constitutes and shall be deemed to constitute as provided overleaf an
       agreement between you and me/us that all claims (whether admitted or not), differences
       and disputes in respect of any dealings, transactions and contracts of a date prior or
       subsequent to the date of this contract (including any question whether such dealings,
       transactions or contracts have been entered into or not) shall be submitted to the
       concerned Regional Arbitration Center and decided by arbitration in accordance with and
       as provided in the Rules, Bye-laws and Regulations of Bombay Stock Exchange Limited

5.     Deleted.



                                 Appendix B to Regulation 14
                         Contract Note – Form A, Form B & Form AA
Byelaws:

                Time period for filing Arbitration Reference:
252.   (2)      The Arbitrators shall not take cognizance of any claim, complaint, difference or
                dispute unless the same has been received by the concerned Regional Arbitration
                Centre of the Exchange within six months from the date of the transaction or
                from the date on which the client claims to have given the instruction / order to
                buy or sell a security or from the date on which the client claims to have paid
                money or given a security, whichever is earlier. Any dispute as to whether a
                claim, complaint, difference or dispute falls within the ambit of this clause shall
                be decided by the Arbitrators.

                Provided that the Governing Board, or the Managing Director and Chief
                Operating Officer may, from time to time, appoint Committees, separately for
                each Regional Arbitration Centre to amicably settle all claims, complaints,
                differences and disputes that are referred to it.

                Provided further that when such claims, complaints, differences and disputes are
                referred to the aforesaid Committee, the time taken in amicable settlement of
                such claims, complaints, differences and disputes shall be excluded while
                computing the period of limitation.

           Operation of Contracts:
274.       All dealings, transactions and contracts which are subject to the Rules, Bye-laws and
           Regulations of the Exchange and every arbitration agreement to which the Rules, Bye-
           laws and Regulations of the Exchange apply shall be deemed in all respects to be
           subject to the Rules, Bye-laws and Regulations of the Exchange and shall be deemed to
           be and shall take effect as wholly made, entered into and to be performed in the city of
           Bombay and the parties to such dealings, transactions, contracts and agreements shall
           be deemed to have submitted to the jurisdiction of the Courts in Bombay for the
           purpose of giving effect to the provisions of the Rules, Bye-laws and Regulations of the
           Exchange. Provided however that upon the amendments to the Rules, Bye-laws and
           Regulations with regard to Regional Arbitration Centers and other incidental and
           consequential matters in connection therewith or relating thereto coming into force, the
           Courts in Mumbai shall have exclusive jurisdiction in respect of all proceedings to
           which the Exchange is a party, and in respect of all other proceedings, the Courts
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          having jurisdiction over the area in which the respective Regional Arbitration Centre is
          situated, shall have jurisdiction.

          Appeal against Arbitral Award
274A.    (3) Party dissatisfied with an Award may appeal to the Appeal Bench of the concerned
        Regional Arbitration Centre against such Award within 15 days of the receipt of such
        Award.

Regulations:

15.2    In every case when a claim, difference or dispute required to be referred to arbitration
        under the Rules, Bye-laws and Regulations of the Exchange has arisen, any of the parties
        concerned may submit to the concerned Regional Arbitration Centre of the Exchange an
        application for arbitration (Form No.1 & Form No.1A) stating therein the value of the
        claim for jurisdiction.

15.2A The Application for Arbitration shall be filed by the Applicant at the concerned Regional
      Arbitration Centre referred to in column 1 below covering that State or Union Territory
      of India, referred to in column 2 below, within which the most recent address / Registered
      Office address of the constituent, as duly communicated in writing to the member in
      accordance with law, is located. Provided in respect of a non-resident Indian constituent,
      the Seat of Arbitration shall be Regional Arbitration Centre which covers the States and
      Union Territories given in the Column 2, in which lies the address or the registered office
      address, as the case may be, of the trading member, depending upon corporate or non-
      corporate membership of the trading member. The hearings shall be held in the concerned
      Regional Arbitration Centre in which the Applicant has duly filed the Application for
      Arbitration.


                                     Column 1                                    Column 2

                     Regional Arbitration Centres                    States and Union Territories
                                                                     covered by the Regional
                                                                     Arbitration Centres

                    BSE Investor Service Centre                      Delhi, Haryana, Uttar
                    7th Floor, Mercantile House                      Pradesh, Uttaranchal, Himachal
                    K G Marg                                         Pradesh, Punjab, Jammu &
                    New Delhi - 110 001.                             Kashmir, Chandigarh, Rajasthan
                    Telephone Number:011-41510481
                    Telefax No.:011-41510480
                    BSE Investor Service Centre                      West Bengal, Bihar, Jharkhand,
                    1st Floor, Kishor Bhaban                         Orissa, Assam, Arunachal
                    17, R. N. Mukherji Road                          Pradesh, Mizoram, Manipur,
                    Kolkata –700 001                                 Sikkim, Meghalaya, Nagaland,
                    Telephone Number:033-22133184,                   Tripura, Chhattisgarh
                    Telefax No.:033-22130530
                    BSE Investor Service Centre                      Andhra Pradesh, Karnataka,
                    4th floor, Exchange Building                     Kerala, Tamilnadu, Andaman &
                    No. 11, Second Line Beach                        Nicobar, Lakshadweep,
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                  Chennai – 600 001                                Pondicherry.
                  Telephone Number:044-42163999
                  Telefax No.:044-42164999
                  Bombay Stock Exchange Limited                    Maharashtra, Gujarat, Goa,
                  Department of Investor Services,                 Daman & Diu, Dadra & Nagar
                  P J Towers, 1st floor, Dalal Street,             Haveli, Madhya Pradesh
                  Fort, Mumbai – 400001.
                  Telephone Number: 022-22721233/34
                  Fax No.: 022-22723677

    It is advised to confirm the address of the concerned Regional Arbitration Centre from the
    Exchange’s website, www.bseindia.com

     JURISDICTION OF COURTS

     Upon the amendments to the Rules, Bye-laws and Regulations with regard to Regional
     Arbitration Centers and other incidental and consequential matters in connection
     therewith or relating thereto coming into force, the Courts in Mumbai shall have exclusive
     jurisdiction in respect of all proceedings to which the Exchange is a party, and in respect
     of all other proceedings, the Courts having jurisdiction over the area in which the
     respective Regional Arbitration Centre is situated, shall have jurisdiction.




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